The European cruise market is essentially dominated by three companies, according to the 2019 Cruise Industry News Annual Report: Carnival Corporation, MSC Cruises and the TUI Group.
Carnival has four brands with ships mainly dedicated to European passenger sourcing, Costa (excluding its ships deployed in China), AIDA, P&O and Cunard, for an estimated combined passenger capacity of 3.2 million in 2019.
MSC Cruises is the single largest brand in Europe, however, with an estimated passenger capacity of 2.2 million.
The TUI Group, includes the fast-growing TUI Cruises in the German market, Marella in the UK, and the luxury and expedition ships of Hapag-Lloyd, for an estimated annual capacity of approximately 1.1 million.
This means that three European companies account for an estimated passenger capacity of approximately 6.5 million in a market that is expected to generate upwards of 8 million passengers this year.
In addition are several smaller European brands, as well as Royal Caribbean, Princess and Norwegian that also source significant numbers of European passengers.
About the Annual Report:
The Cruise Industry News Annual Report is the only book of its kind, presenting the worldwide cruise industry through 2027 in 400 pages.
Statistics are independently researched.
The report covers everything from new ships on order to supply-and-demand scenarios from 1987 through 2027+. Plus there is a future outlook, complete growth projections for each cruise line, regional market reports, and detailed ship deployment by region and market, covering all the cruise lines.